5 deals bolster real estate

10:50 AM,
Jan. 25, 2013

Saving grace: Five major real estate deals, including the sale of high-end shopping center Tumon Sands Plaza and the more mass-market-oriented Guam Premier Outlets, pictured, saved Guam's real estate sector from a sharp downturn in 2012, according to Captain Real Estate. The five real estate transactions accounted for about $237 million in combined sales.

The five real estate transactions, including the sale of high-end shopping center Tumon Sands Plaza and the more mass-market-oriented Guam Premier Outlets, accounted for about $237 million in combined sales, Captain's data show.

The local Department of Land Management records real estate transactions as they occur, but the government of Guam doesn't release timely, year-end data or analysis. ...